Who can fix Boeing? Here are some potential CEO candidates
CNN
Since its founding by William Boeing more than a century ago, the Boeing Company has had 12 CEOs. The 13th might be the most important yet.
Since its founding by William Boeing more than a century ago, the Boeing Company has had 12 CEOs. The 13th might be the most important yet. As Boeing begins its search for a new CEO, the company is facing its worst-ever crisis. It has struggled through more than five years of safety incidents and bad news that created unprecedented doubt about the quality of its aircraft. It faces multiple federal investigations into its commercial plane practices, as well as an outcry from the airline customers that buy its planes. In addition to two fatal crashes that cost 346 lives, the company has run up more than $31 billion in losses since 2019, with no end to the red ink in sight. It has grabbed unwanted attention with incidents like a blown-out door plug that left a gaping hole in an Alaska Airlines flight in January. Those incidents were followed by Monday’s decision by the current CEO, Dave Calhoun, to step down by the end of the year, leaving the company to search for a new chief executive. When picking a new CEO, the company likely has two pools of choices.
The US government on Thursday banned internet service providers (ISPs) from meddling in the speeds their customers receive when browsing the web and downloading files, restoring tough rules rescinded during the Trump administration and setting the stage for a major legal battle with the broadband industry.